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Volkswagen:We are efficient

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Video

Warren Buffett’s No.1 Fan

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Links

Linkfest:2 May,2014

Some stuff I am reading today morning:

The 10 Morning Call Commandments (TRB)

What went wrong with Rahul Gandhi (ET)

Multiples PE plans to raise $500 Million Fund (Mint)

Mutual Funds for the new bull market (BS)

Only 18% of Tier 2 B-School grads got jobs this year (FirstBiz)

100 rules for being an entrepreneur (Altucher)

Pattern recognition in the markets (CommonSense)

Valuing growth stocks is hard (Monevator)

Stick to your knitting as an investor (ClearEyes)

Is Twitter a victim of Wall Street? (Greenberg)

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Quotes

Dr.Ambedkar on Gandhi and Jinnah

I can give only my impressions of them, for what they are worth. The first thing that strikes me is that it would be difficult to find two persons who would rival them for their colossal egotism, to whom personal ascendancy is everything and the cause of the country a mere counter on the table. They have made Indian politics a matter of personal feud. Consequences have no terror for them ; indeed they do not occur to them until they happen. When they do happen they either forget the cause, or if they remember it, they overlook it with a complacency which saves them from any remorse. They choose to stand on a pedestal of splendid isolation. They wall themselves off from their equals. They prefer to open themselves to their inferiors. They are very unhappy at and impatient of criticism, but are very happy to be fawned upon by flunkeys. Both have developed a wonderful stagecraft and arrange things in such a way that they are always in the limelight wherever they go. Each of course claims to be supreme. If supremacy was their only claim, it would be a small wonder. In addition to supremacy each claims infallibility for himself. Pius IX during whose sacred regime as Pope the issue of infallibility was raging said— ” Before I was Pope I believed in Papal infallibility, now I feel it.” This is exactly the attitude of the two leaders whom Providence—may I say in his unguarded moments—has appointed to lead us.-from AmbedkarQuotes

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Anecdotes Realty

Priceless advice on Real Estate

On my travels,I  met a property developer from Karnal,Haryana.

He gave me some priceless advice in Punjabi on Real Estate:

“Barah saal mein roni property bhi soni ho jaandi hai”

i.e “In 12 years, even a horrible property will become lovely”